Panel to fast-track ramping up steel PSUs modernisation 31/03/2017 00:31

Panel to fast-track ramping up steel PSUs modernisation
31/03/2017 00:31
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040

The government has set up a committee to suggest measures to fast-track the ramping up of modernisation of the steel sector public sector firms -- SAIL and RINL, reported PTI.

The panel is being chaired by Steel Secretary and has CMDs of SAIL and RINL as its members, a source privy to the development said.

Boston Consulting Group (BCG), which is a leading global management consultancy, is also part of the panel, besides outside experts, the source added.

"The panel has been entrusted with the task to suggest ways for expediting the ramping up of modernisation of both the PSUs (SAIL and RINL) as a lot of money has been spent on modernisation," the source said as per the media report.

Till February, Rs 64,986 crore has been incurred by SAIL towards modernisation and expansion, mines and related sustenance schemes.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040